Friday , July 12 2024
Home / Crypto news / PEPE Price Analysis: This is What Needs to Happen for PEPE to Target Critical Resistance

PEPE Price Analysis: This is What Needs to Happen for PEPE to Target Critical Resistance

Summary:
PEPE continues to range as market participants are waiting for something to happen. Key Support levels: %excerpt%.0000013, %excerpt%.0000011  Key Resistance levels: %excerpt%.0000020 PEPE’s volatility is extremely low right now with the price unable to make any significant moves. It appears that both sellers and buyers are exhausted or absent from the market. PEPE has support at %excerpt%.0000013, and if broken the price could go to %excerpt%.0000011 next. The resistance is at %excerpt%.0000020, and so far, bulls failed to surpass it. Chart by TradingViewTrading Volume: The volume almost disappeared from the chart. This has led to low volatility. RSI: The daily RSI is somewhat flat but may turn bearish if bulls can’t sustain the price at the current support. MACD: The daily MACD is bearish. However, considering

Topics:
Duo Nine considers the following as important: ,

This could be interesting, too:

Anisha Pandey writes PEPE Meme Coin Bearish Streak Continues as Whale Dumps 9T Tokens

Bitcoin Schweiz News writes Beste neue Kryptowährung im Kommen: Memeinator bereitet sich auf Meme Coin Sommer vor

Duo Nine writes Crypto Price Analysis June-29: ETH, XRP, ADA, DOGE, and DOT

Chimamanda U. Martha writes 32,916 Traders Liquidated in Crypto Market as Market Slump Continues

PEPE continues to range as market participants are waiting for something to happen.

Key Support levels: $0.0000013, $0.0000011 

Key Resistance levels: $0.0000020

PEPE’s volatility is extremely low right now with the price unable to make any significant moves. It appears that both sellers and buyers are exhausted or absent from the market. PEPE has support at $0.0000013, and if broken the price could go to $0.0000011 next. The resistance is at $0.0000020, and so far, bulls failed to surpass it.

PEPEWETH_A43FE1_ETHUSDT_2023-05-29_14-05-04
Chart by TradingView

Trading Volume: The volume almost disappeared from the chart. This has led to low volatility.

RSI: The daily RSI is somewhat flat but may turn bearish if bulls can’t sustain the price at the current support.

MACD: The daily MACD is bearish. However, considering the lack of conviction from sellers, the price has not reacted to this.

PEPEWETH_A43FE1_ETHUSDT_2023-05-29_14-05-55
Chart by TradingView

Bias

The bias for PEPE is neutral.

Short-Term Prediction for PEPE Price

The spotlight on PEPE appears to have turned off. Interest in this meme coin has disappeared, and unless excitement returns to the overall market, it is unlikely we will see much action at this time.

About Duo Nine

Leave a Reply

Your email address will not be published. Required fields are marked *